Current trading plan for the New Zealand Dollar / US Dollar currency pair. Timeframe H4. We will examine the feasibility and profitability of today's trading on an instrument from the point of view of the relevance of the signals from the Extended...
Daily Four-Hour Chart Analysis in Forex Trading Introduction to Forex Chart Analysis Forex trading involves analyzing currency price movements to make informed trading decisions. Among the numerous tools and techniques, chart analysis stands out as...
On the H4 time frame, the GBP/USD pair created a bullish candle after hitting the 1.2685 support level but has since resumed its downward movement. This suggests that the price is currently in a bearish trend. Over the past week, the price has been...
EUR/USD This week, the EUR/USD pair is trading within upward-trending price channels that reflect the price movement from the previous two weeks. Currently, the price is at the lower line of these channels, providing support for a potential rise....
The GBP/USD currency pair, representing the exchange rate between the British Pound and the US Dollar, currently sits at 1.2735. The prevailing trend is bearish, indicating that the Pound is losing value against the Dollar. This trend has been...